EANS-Adhoc: AMAG Austria Metall AG / public offer: issue price set at EUR 19 per share

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announcement.
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07.04.2011

AMAG public offer: issue price set at EUR 19 per share

• Trading on the official market (Prime Market) of the Vienna Stock
Exchange commences on April 8, 2011 • Capital increase of EUR 100
million to finance further growth resolved • CP Group 3 B.V. reduces
its stake to 34.5 percent

Ranshofen, April 7, 2011 - As part of its public offering, aluminium
specialist AMAG Austria Metall AG has today placed around 19.3
million shares with Austrian private and institutional investors and
international institutional investors. AMAG thereby resolved on a
capital increase of around 5.3 million new shares, raising EUR 100
million in particular to finance further growth and expand production
capacities. The issue price amounts to EUR 19 per share.

About 95 percent of the ca. 19.3 million shares offered have been
placed with institutional investors and about 5 percent with Austrian
retail investors. The selling shareholder, CP Group 3 B.V., retains a
stake of 34.5 percent in the company, prior to exercise of the
Greenshoe option. The AMAG employee trust retains a stake of around
11 percent. Raiffeisenlandesbank Oberösterreich holds an 11.5
percent; Oberbank holds a 5 percent stake. AMAG´s management board
along with senior managers of AMAG have bought a total of 129,250
shares at issue price.

AMAG Austria Metall AG and CP Group 3 B.V. have agreed not to issue
or sell any further shares for a period of six months following the
first day of trading. The AMAG employee trust, the management board
and Raiffeisenlandesbank Oberösterreich have agreed not to sell any
shares for a period of twelve months following the first day of
trading.

AMAG shares will trade as of tomorrow, Friday, April 8, 2011, under
"AMAG" and the ISIN (International Securities Identification Number)
AT00000AMAG3 on the official market (Prime Market) of the Vienna
Stock Exchange. Raiffeisen Centrobank AG is the local market maker in
AMAG shares.

About AMAG AMAG is a leading Austrian manufacturer of primary
aluminium and high quality aluminium cast and flat rolled products
for the aircraft, automotive, construction, electronics and sports
equipment industries. With 1,175 employees, the Company achieved
sales of EUR 728 million and EBITDA of EUR 139 million in 2010.

LEGAL NOTICE This publication does not contain or constitute an offer
of, or the solicitation of an offer to buy or subscribe for,
securities.

This information is not a prospectus pursuant to the applicable
capital market rules in Austria and the information contained herein
is not binding.

This publication and the information contained therein are not for
release, publication or distribution, directly or indirectly, in or
into the United States of America, Canada or Japan.

This publication does not contain or constitute an offer of, or the
solicitation of an offer to buy or subscribe for, securities to any
person in Australia, Canada, Japan, or the United States or in any
jurisdiction in which such offer or solicitation is unlawful. The
securities referred to herein may not be offered or sold in the
United States absent registration under the U.S. Securities Act of
1933, as amended (the "Securities Act") or an exemption from, or in a
transaction not subject to, the registration requirements of the
Securities Act. Subject to certain exceptions, the securities
referred to herein may not be offered or sold in Australia, Canada or
Japan or to, or for the account or benefit of, any national, resident
or citizen of Australia, Canada or Japan. The offer and sale of the
securities referred to herein has not been and will not be registered
under the Securities Act or under the applicable securities laws of
Australia, Canada or Japan. There will be no public offer of the
securities in the United States. +++++++++++++++END+++++++++++++++++

end of announcement euro adhoc
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ots Originaltext: AMAG Austria Metall AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Media contact
Leopold Pöcksteiner
Head of Strategy, Communication, IR

AMAG
Lamprechtshausnerstraße 61
5282 Ranshofen, Austria
Tel.: +43 (0) 7722-801-2205
Email: Leopold.Poecksteiner@amag.at
Website: www.amag.at

Branche: Metal Goods & Engineering
ISIN: AT00000AMAG3
WKN:
Index: Prime Market
Börsen: Wien / official market